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United States

Britam Holdings Ltd (BRIT.NR)

BRIT.NR on Nairobi Stock Exchange

10.25KES
24 Mar 2017
Change (% chg)

Kshs.0.25 (+2.50%)
Prev Close
Kshs.10.00
Open
Kshs.10.20
Day's High
Kshs.10.25
Day's Low
Kshs.10.00
Volume
198,400
Avg. Vol
370,930
52-wk High
Kshs.16.85
52-wk Low
Kshs.9.00

Latest Key Developments (Source: Significant Developments)

Britam Holdings reports FY pre-tax profit of 4.2 bln
Friday, 24 Mar 2017 08:00am EDT 

Britam Holdings Ltd : FY profit before tax of 4.2 billion shillings versus loss of 1.2 billion shillings year ago . FY net earned premiums of 17.4 billion shillings versus 16.4 billion shillings year ago . Recommends payment of dividend of 30 cents per share Source: http://j.mp/2mzfvmT Further company coverage: [BRIT.NR] (Bangalore.newsroom@thomsonreuters.com).  Full Article

Britam Holdings shareholders approve Shs 3.55 bln investment by IFC
Friday, 24 Mar 2017 07:35am EDT 

Britam Holdings Ltd : Says Co shareholders have approved acquisition of 10. 37 percent stake in the Co by the International Finance Corporation (IFC) . International Finance Corporation will inject 3.55 billion shillings to buy 224,187,697 million ordinary shares of Britam at 15.85 shillings per share . Says as a result of acquisition, the issued share of capital of Britam will increase by 11.6 percent . Subscription is expected to be completed in second quarter of 2017 Further company coverage: [BRIT.NR] (Bangalore.newsroom@thomsonreuters.com).  Full Article

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BRIEF-Britam Holdings shareholders approve Shs 3.55 bln investment by IFC

* Says Co shareholders have approved acquisition of 10. 37 percent stake in the Co by the International Finance Corporation (IFC)